IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,399.71 ▼ 0.17% MERVAL 3,291,246 ▲ 1.92% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL5.08▲ 0.06% USD/MXN17.39▼ 0.22% USD/CLP925.20▼ 0.15% USD/COP3,220▼ 0.49% USD/PEN3.39▼ 0.14% USD/ARS1,475▲ 0.32% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.65▲ 5.99% USD/DOP58.36▲ 0.10% USD/CRC447.49▲ 0.88% USD/GTQ7.62▲ 2.09% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES725.63▲ 0.11% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.48▼ 0.01% USD/TTD6.76▲ 1.32% EUR/BRL5.82▼ 0.61% BRENT 85.20 ▲ 0.29% WTI 80.06 ▲ 0.58% IRON ORE 161.91 — — COPPER 6.39 ▲ 1.47% GOLD 4,036 ▼ 0.19% SILVER 57.34 ▲ 0.39% SOY 1,198 ▼ 0.33% CORN 469.00 ▲ 4.80% WHEAT 675.25 ▼ 0.33% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.06 ▼ 0.73% PETR4 40.59 ▼ 0.17% VALE3 74.51 ▲ 0.68% ITUB4 43.14 ▼ 1.12% BBDC4 18.60 ▼ 0.16% ABEV3 15.57 ▼ 1.52% BBAS3 20.55 ▼ 0.19% B3SA3 15.69 ▲ 2.35% WEGE3 44.26 ▲ 0.14% PRIO3 57.50 ▼ 0.12% SUZB3 41.48 ▲ 0.90% RENT3 40.35 ▼ 0.47% AZZA3 18.66 ▼ 1.01% CSAN3 3.93 ▲ 1.03% RAIZ4 0.29 ▼ 6.45% PCAR3 2.62 ▲ 6.94% GMAT3 3.98 ▲ 0.51% PSSA3 55.22 ▲ 1.71% CVCB3 1.34 ▼ 2.90% POSI3 3.95 ▼ 1.00% SLCE3 13.50 ▼ 2.24% NATU3 8.67 ▲ 1.40% BRKM5 6.41 ▼ 6.15% RANI3 7.98 ▼ 0.37% CSNA3 5.24 ▲ 0.77% CMIN3 5.24 ▲ 2.75% USIM5 8.20 ▼ 0.36% GGBR4 24.20 ▲ 3.77% ENEV3 26.95 ▼ 0.81% CPFE3 46.83 ▼ 0.78% CMIG4 11.15 ▼ 0.45% EQTL3 40.33 ▼ 1.51% LREN3 14.10 ▼ 1.33% VIVT3 35.47 ▼ 0.14% RAIL3 14.07 ▼ 0.42% KLABIN 17.39 ▲ 0.40% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 36.01 ▼ 0.11% HAPV3 10.99 ▼ 1.79% FLRY3 16.51 ▲ 0.61% SMTO3 15.53 ▼ 3.66% UGPA3 31.10 ▲ 3.29% VBBR3 33.75 ▲ 1.35% BBSE3 40.71 ▲ 0.79% BPAC11 57.04 ▼ 1.57% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.52 ▲ 0.38% COMPASS 25.11 ▼ 0.36% VAMOS 3.12 ▼ 0.95% SANB11 27.00 ▼ 1.24% ASAI3 8.66 — 0.00% SBSP3 29.98 ▼ 1.19% WALMEX 49.61 ▲ 0.69% GMEXICO 200.02 ▲ 0.23% FEMSA 223.27 ▼ 2.64% CEMEX 22.64 ▲ 1.98% GFNORTE 183.98 ▼ 1.19% BIMBO 57.50 ▲ 2.02% TELEVISA 9.56 ▲ 0.74% AMX 22.80 ▼ 0.22% GAP 398.24 ▲ 0.75% ASUR 283.46 ▲ 2.85% OMA 234.61 ▼ 0.17% KOF 176.96 ▼ 1.69% GRUMA 280.76 ▲ 0.49% KIMBER 38.73 ▲ 0.75% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,550 ▲ 1.00% GGAL 8,205 ▲ 3.73% PAMPA 5,240 ▲ 0.19% TXAR 668.00 ▲ 0.91% ALUAR 959.50 ▲ 1.11% TGS 9,750 ▲ 0.41% CEPU 2,344 ▲ 0.73% MIRGOR 16,975 ▲ 1.34% COME 45.63 ▼ 0.26% LOMA NEGRA 3,615 ▲ 2.34% BYMA 304.25 ▲ 1.08% TELECOM ARG 4,315 ▼ 0.40% ECOPETROL 15.98 ▼ 1.11% BANCOLOMBIA 81.55 ▼ 0.67% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 398.20 ▲ 1.52% SOUTHERN COPPER 181.54 ▼ 0.46% BUENAVENTURA 30.71 ▼ 1.03% MERCADOLIBRE 1,843 ▼ 1.64% NUBANK 13.88 ▼ 0.79% XP 16.87 — 0.00% PAGSEGURO 9.21 ▼ 0.75% STONE 11.28 ▼ 0.18% GLOBANT 31.98 ▲ 3.43% TECNOGLASS 45.67 ▲ 3.26% GAP AIRPORT 228.15 ▲ 0.97% ASUR 283.46 ▲ 2.85% OMA AIRPORT 107.90 ▲ 0.24% AMX ADR 26.11 ▼ 0.27% FEMSA ADR 128.77 ▼ 3.30% CEMEX ADR 13.07 ▲ 2.11% PETROBRAS ADR 17.86 ▼ 0.33% VALE ADR 14.67 ▲ 0.55% ITAU ADR 8.45 ▼ 1.17% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.03 ▼ 1.94% CSN 1.04 ▲ 0.49% GERDAU 4.80 ▲ 4.12% LATAM ADR 54.87 ▲ 2.54% BTC 64,654 ▼ 0.46% ETH 1,925 ▲ 1.90% SOL 77.15 ▼ 0.79% XRP 1.12 ▲ 0.41% BNB 580.17 ▼ 0.27% ADA 0.17 ▲ 0.47% DOGE 0.07 ▼ 0.19% AVAX 6.72 ▲ 0.34% LINK 8.53 ▲ 2.28% DOT 0.85 ▼ 0.44% LTC 45.25 ▼ 0.41% BCH 223.59 ▼ 5.46% TRX 0.32 ▼ 0.34% XLM 0.19 ▲ 2.16% HBAR 0.07 ▲ 0.79% NEAR 2.06 ▲ 2.78% ATOM 1.55 ▼ 0.64% AAVE 96.48 ▼ 2.43% SELIC 14.25% EMBRAER 82.35 ▼ 0.17% EMBRAER ADR 64.90 ▼ 0.02% JBS 12.10 ▲ 2.28% JBS BDR 61.43 ▲ 2.81% MBRF3 15.40 ▼ 4.29% MBRFY 2.87 ▼ 8.60% INTER 5.62 ▼ 1.40% EGX 52,558 ▲ 0.50% USD/ZAR16.34▼ 0.20% USD/NGN 1,379 — 0.00% NIKKEI 66,797 ▼ 2.84% CSI300 4,766 ▼ 0.44% HSI 25,115 ▲ 1.76% NIFTY 24,079 ▲ 0.11% KOSPI 6,825 ▼ 6.30% JCI 6,059 ▲ 0.29% USD/JPY162.12▼ 0.08% USD/CNY6.77▼ 0.05% DAX 25,000 ▼ 0.59% CAC 8,382 ▲ 0.19% FTSE 10,516 ▼ 0.13% MIB 52,411 ▼ 0.85% IBEX 19,276 ▼ 0.42% STOXX 642.71 ▲ 0.10% EUR/USD 1.1468 — 0.00% GBP/USD1.35▲ 1.39% SPX 7,572 ▲ 0.38% DJI 52,659 ▲ 0.29% NDX 29,503 ▼ 0.28% RUT 2,976 ▲ 0.39% TSX 35,416 ▲ 0.27% VIX 15.67 ▼ 5.03% USD/CAD1.40▼ 0.08% US10Y 4.5450 ▼ 0.87% IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,399.71 ▼ 0.17% MERVAL 3,291,246 ▲ 1.92% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL 5.08 ▲ 0.06% USD/MXN 17.39 ▼ 0.22% USD/CLP 925.20 ▼ 0.15% USD/COP 3,220 ▼ 0.49% USD/PEN 3.39 ▼ 0.14% USD/ARS 1,475 ▲ 0.32% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.65 ▲ 5.99% USD/DOP 58.36 ▲ 0.10% USD/CRC 447.49 ▲ 0.88% USD/GTQ 7.62 ▲ 2.09% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 725.63 ▲ 0.11% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.48 ▲ 0.31% USD/TTD 6.76 ▲ 1.56% EUR/BRL 5.82 ▼ 0.61% BRENT 85.20 ▲ 0.29% WTI 80.06 ▲ 0.58% IRON ORE 161.91 — — COPPER 6.39 ▲ 1.47% GOLD 4,036 ▼ 0.19% SILVER 57.34 ▲ 0.39% SOY 1,198 ▼ 0.33% CORN 469.00 ▲ 4.80% WHEAT 675.25 ▼ 0.33% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.06 ▼ 0.73% PETR4 40.59 ▼ 0.17% VALE3 74.51 ▲ 0.68% ITUB4 43.14 ▼ 1.12% BBDC4 18.60 ▼ 0.16% ABEV3 15.57 ▼ 1.52% BBAS3 20.55 ▼ 0.19% B3SA3 15.69 ▲ 2.35% WEGE3 44.26 ▲ 0.14% PRIO3 57.50 ▼ 0.12% SUZB3 41.48 ▲ 0.90% RENT3 40.35 ▼ 0.47% AZZA3 18.66 ▼ 1.01% CSAN3 3.93 ▲ 1.03% RAIZ4 0.29 ▼ 6.45% PCAR3 2.62 ▲ 6.94% GMAT3 3.98 ▲ 0.51% PSSA3 55.22 ▲ 1.71% CVCB3 1.34 ▼ 2.90% POSI3 3.95 ▼ 1.00% SLCE3 13.50 ▼ 2.24% NATU3 8.67 ▲ 1.40% BRKM5 6.41 ▼ 6.15% RANI3 7.98 ▼ 0.37% CSNA3 5.24 ▲ 0.77% CMIN3 5.24 ▲ 2.75% USIM5 8.20 ▼ 0.36% GGBR4 24.20 ▲ 3.77% ENEV3 26.95 ▼ 0.81% CPFE3 46.83 ▼ 0.78% CMIG4 11.15 ▼ 0.45% EQTL3 40.33 ▼ 1.51% LREN3 14.10 ▼ 1.33% VIVT3 35.47 ▼ 0.14% RAIL3 14.07 ▼ 0.42% KLABIN 17.39 ▲ 0.40% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 36.01 ▼ 0.11% HAPV3 10.99 ▼ 1.79% FLRY3 16.51 ▲ 0.61% SMTO3 15.53 ▼ 3.66% UGPA3 31.10 ▲ 3.29% VBBR3 33.75 ▲ 1.35% BBSE3 40.71 ▲ 0.79% BPAC11 57.04 ▼ 1.57% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.52 ▲ 0.38% COMPASS 25.11 ▼ 0.36% VAMOS 3.12 ▼ 0.95% SANB11 27.00 ▼ 1.24% ASAI3 8.66 — 0.00% SBSP3 29.98 ▼ 1.19% WALMEX 49.61 ▲ 0.69% GMEXICO 200.02 ▲ 0.23% FEMSA 223.27 ▼ 2.64% CEMEX 22.64 ▲ 1.98% GFNORTE 183.98 ▼ 1.19% BIMBO 57.50 ▲ 2.02% TELEVISA 9.56 ▲ 0.74% AMX 22.80 ▼ 0.22% GAP 398.24 ▲ 0.75% ASUR 283.46 ▲ 2.85% OMA 234.61 ▼ 0.17% KOF 176.96 ▼ 1.69% GRUMA 280.76 ▲ 0.49% KIMBER 38.73 ▲ 0.75% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,550 ▲ 1.00% GGAL 8,205 ▲ 3.73% PAMPA 5,240 ▲ 0.19% TXAR 668.00 ▲ 0.91% ALUAR 959.50 ▲ 1.11% TGS 9,750 ▲ 0.41% CEPU 2,344 ▲ 0.73% MIRGOR 16,975 ▲ 1.34% COME 45.63 ▼ 0.26% LOMA NEGRA 3,615 ▲ 2.34% BYMA 304.25 ▲ 1.08% TELECOM ARG 4,315 ▼ 0.40% ECOPETROL 15.98 ▼ 1.11% BANCOLOMBIA 81.55 ▼ 0.67% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 398.20 ▲ 1.52% SOUTHERN COPPER 181.54 ▼ 0.46% BUENAVENTURA 30.71 ▼ 1.03% MERCADOLIBRE 1,843 ▼ 1.64% NUBANK 13.88 ▼ 0.79% XP 16.87 — 0.00% PAGSEGURO 9.21 ▼ 0.75% STONE 11.28 ▼ 0.18% GLOBANT 31.98 ▲ 3.43% TECNOGLASS 45.67 ▲ 3.26% GAP AIRPORT 228.15 ▲ 0.97% ASUR 283.46 ▲ 2.85% OMA AIRPORT 107.90 ▲ 0.24% AMX ADR 26.11 ▼ 0.27% FEMSA ADR 128.77 ▼ 3.30% CEMEX ADR 13.07 ▲ 2.11% PETROBRAS ADR 17.86 ▼ 0.33% VALE ADR 14.67 ▲ 0.55% ITAU ADR 8.45 ▼ 1.17% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.03 ▼ 1.94% CSN 1.04 ▲ 0.49% GERDAU 4.80 ▲ 4.12% LATAM ADR 54.87 ▲ 2.54% BTC 64,654 ▼ 0.46% ETH 1,925 ▲ 1.90% SOL 77.15 ▼ 0.79% XRP 1.12 ▲ 0.41% BNB 580.17 ▼ 0.27% ADA 0.17 ▲ 0.47% DOGE 0.07 ▼ 0.19% AVAX 6.72 ▲ 0.34% LINK 8.53 ▲ 2.28% DOT 0.85 ▼ 0.44% LTC 45.25 ▼ 0.41% BCH 223.59 ▼ 5.46% TRX 0.32 ▼ 0.34% XLM 0.19 ▲ 2.16% HBAR 0.07 ▲ 0.79% NEAR 2.06 ▲ 2.78% ATOM 1.55 ▼ 0.64% AAVE 96.48 ▼ 2.43% SELIC 14.25% EMBRAER 82.35 ▼ 0.17% EMBRAER ADR 64.90 ▼ 0.02% JBS 12.10 ▲ 2.28% JBS BDR 61.43 ▲ 2.81% MBRF3 15.40 ▼ 4.29% MBRFY 2.87 ▼ 8.60% INTER 5.62 ▼ 1.40% EGX 52,558 ▲ 0.50% USD/ZAR 16.35 ▲ 0.38% USD/NGN 1,379 — 0.00% NIKKEI 66,797 ▼ 2.84% CSI300 4,766 ▼ 0.44% HSI 25,115 ▲ 1.76% NIFTY 24,079 ▲ 0.11% KOSPI 6,825 ▼ 6.30% JCI 6,059 ▲ 0.29% USD/JPY 162.15 ▲ 0.01% USD/CNY 6.7681 ▲ 0.15% DAX 25,000 ▼ 0.59% CAC 8,382 ▲ 0.19% FTSE 10,516 ▼ 0.13% MIB 52,411 ▼ 0.85% IBEX 19,276 ▼ 0.42% STOXX 642.71 ▲ 0.10% EUR/USD 1.1468 — 0.00% GBP/USD 1.3527 ▼ 0.07% SPX 7,572 ▲ 0.38% DJI 52,659 ▲ 0.29% NDX 29,503 ▼ 0.28% RUT 2,976 ▲ 0.39% TSX 35,416 ▲ 0.27% VIX 15.67 ▼ 5.03% USD/CAD 1.4050 ▲ 0.09% US10Y 4.5450 ▼ 0.87%
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Latin America Brazil

Hostile Venezuela, Business for US Companies: Pompeo Completes Latin America Trip

By · September 23, 2020 · 3 min read

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RIO DE JANEIRO, BRAZIL – During US Secretary of State Mike Pompeo‘s trip to four South American countries, Venezuela was the main topic of discussion.

Although the fight against drugs and economic cooperation were also discussed, Pompeo and his counterparts left no doubt that Venezuela’s neighbors Colombia, Brazil, Suriname, and Guyana, all of which he visited, would play an important role in the US government’s efforts to overthrow President Nicolás Maduro.

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Colombia clearly sees the US government as playing a leading role in this process. Its unconditional support for the opposition politician Juan Guaidó in his role as self-proclaimed interim president and “the will for a transition to democracy without the malicious influence of Cuba, Russia or Iran” would be “highly valued” in the US and would make Colombia the “true leader in the region,” Secretary Pompeo said.

US Secretary of State Mike Pompeo (left) and Brazilian Foreign Minister Ernesto Araújo (right).
US Secretary of State Mike Pompeo (left) and Brazilian Foreign Minister Ernesto Araújo (right). (Photo: internet reproduction)
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Pompeo is also said to have spoken with Duque about the extremely slow progress in implementing the peace treaty and the ongoing violence. However, both see the ELN guerrillas and the former Farc-EP dissidents as the main culprits.

Both dissidents are allegedly supported by the “Maduro regime”. The fact that paramilitary groups are on the rise and that last week the UN also called on the Duque government to investigate the deaths and injuries caused by police forces during protests in Bogotá appeared to be irrelevant.

Both countries signed the so-called “Colombia Crece” (Colombia is growing) plan in August to jointly address “rural development, infrastructure expansion, security and the rule of law” issues. Furthermore, President Duque recently approved the reactivation of the US Special Security Force Assistance Brigade in Colombia.

In Colombia, as in the preceding discussions in Guyana, the fight against drugs was also on the agenda. Here too, a causal link was established between Venezuela and Maduro: They “knew” that he was “an accused drug trafficker”. This implied that “he must go”. However, Pompeo once again failed to provide evidence for this assertion.

For his part, Maduro declared on Pompeo’s trip that he was “harassing the region”. He had called for a “war against Venezuela” but had failed.

Cuba’s President Miguel Díaz-Canel said on Twitter that it was “a tour designed to join lies with liars, untruths, slander, and minions of the empire, working together to create chaos, instability and even the climate for foreign military intervention against Venezuela.”

When he visited Brazil on Friday, Pompeo pledged a further increase of US$348 million (R$1.74 billion) in financial assistance for Venezuelan migrants. Since 2017, the USA has allocated around US$1.2 billion to this end, Pompeo said. In the city of Boa Vista, on Brazil’s border with Venezuela, the US Secretary of State met with Venezuelan refugees and his Brazilian counterpart, Ernesto Araújo.

In Guyana, Pompeo signed an agreement under which joint military surveillance and reconnaissance missions will be conducted by ships, and with the approval of the Guyanese government, also on its territory, as of Monday.

US company Exxon Mobil secured exploration rights to recent giant oil and gas discoveries, and now the joint military patrols will provide Guyana with “more sovereignty to better understand and control its own economy,” Pompeo said after talks with Guyana’s new president Mohamed Irfaan Ali.

Furthermore, an agreement was reached on improving private sector investment in Guyana’s infrastructure, energy sector, and digitalization.

In talks with the new head of state in Suriname, Chan Santokhi, Pompeo also strongly recommended cooperation with US companies. No state company could “guarantee the quality of products and services like US private companies.”

In parallel, he cautioned against expanding trade with China, the USA’s major competitor in the region. This, he said, would seem like “a great idea” at first, but then “the political costs would soon emerge.”

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